New York Law Dictates How Companies Can Offer & Manage Subscriptions
Recurring revenue. It is the holy grail for businesses. Recurring revenue, as the name suggests, is continuous revenue a company expects to receive from its customers. Businesses often measure recurring revenue over a particular period of time, say a year; known as annual recurring revenue (ARR). ARR is frequently used by businesses operating on a subscription-based model such as Netflix, Quickbooks On Line, and gym memberships. Having steady or rising ARR enables businesses
Can Commercial Landlords Finally Breathe A Sigh Of Relief?
New York’s COVID-inspired eviction moratorium expired January 15, 2022, with no further action from lawmakers in Albany. Commercial landlords are breathing a sigh of relief. The moratorium began March 16, 2020 when New York courts temporarily suspended eviction proceedings. In a series of executive orders and other actions, the eviction moratorium was extended through January 15, 2022. The eviction halt applied to both commercial tenants and residential tenants. Read more ab